nonce Posted August 21, 2016 Share Posted August 21, 2016 https://beta.companieshouse.gov.uk/company/09311138 https://beta.companieshouse.gov.uk/company/09311138/filing-history Accounts overdue First accounts made up to 30 November 2015 due by 14 August 2016 Are they trying to hide something from the public (insolvency, non existing equity capital, etc.)? Link to comment Share on other sites More sharing options...
nik Posted August 21, 2016 Share Posted August 21, 2016 https://beta.companieshouse.gov.uk/company/09311138https://beta.companieshouse.gov.uk/company/09311138/filing-history Accounts overdue First accounts made up to 30 November 2015 due by 14 August 2016 Are they trying to hide something from the public (insolvency, non existing equity capital, etc.)?Hardly. This would imply either incompetence and/or fraud. I don't suspect them of either.I do suspect them of a certain laziness in submiting financial accounts , but this is common to the majority of eastern europeans, regardless where the company is registered. Link to comment Share on other sites More sharing options...
T8493 Posted August 21, 2016 Share Posted August 21, 2016 (edited) 15 minutes ago, nik said: Hardly. This would imply either incompetence and/or fraud. I don't suspect them of either. I do suspect them of a certain laziness in submiting financial accounts , but this is common to the majority of eastern europeans, regardless where the company is registered. GateHub is run by Slovenians, not Eastern Europeans. There are penalties for late filings. Why would they risk the penalty? They had more than enough time for filing annual accounts (almost one year if my understanding is correct). Usually the companies prepare their accounts one or two months after the end of the financial (or maybe tax) year. And then they wait for audit, but the audit is usually finished in one to three months (if company is not too big). However, GateHub probably doesn't need to file auditor's report. Edited August 21, 2016 by T8493 Rchopra 1 Link to comment Share on other sites More sharing options...
Rchopra Posted August 21, 2016 Share Posted August 21, 2016 I dont know why but i dnt like it. Do u guys know what happens to our xrps or balance in gatehub if it goes bankrupt and if removing trust of gatehub helps..? RDS 1 Link to comment Share on other sites More sharing options...
D-fault123 Posted August 21, 2016 Share Posted August 21, 2016 4 minutes ago, Rchopra said: I dont know why but i dnt like it. Do u guys know what happens to our xrps or balance in gatehub if it goes bankrupt and if removing trust of gatehub helps..? In this highly unlikely situation AFAIK you'd just need to have your wallet's secret key safe and you're good. Link to comment Share on other sites More sharing options...
T8493 Posted August 21, 2016 Share Posted August 21, 2016 (edited) 8 minutes ago, D-fault123 said: In this highly unlikely situation AFAIK you'd just need to have your wallet's secret key safe and you're good. Probably not if you use hosted wallet or if GateHub decides to decrypt secret keys (which is unlikely BTW). Edited August 21, 2016 by T8493 Link to comment Share on other sites More sharing options...
tulo Posted August 21, 2016 Share Posted August 21, 2016 2 hours ago, D-fault123 said: In this highly unlikely situation AFAIK you'd just need to have your wallet's secret key safe and you're good. Well, Gatehub IOUs may be at risk in case of bankrun. But I don't think they are anywhere close to it. They were working on new products... Link to comment Share on other sites More sharing options...
tomb Posted August 21, 2016 Share Posted August 21, 2016 (edited) Bitstamp overdue as well. George Frost?https://www.nexok.co.uk/company/08157033/bitstamp-limited Edited August 21, 2016 by tomb Link to comment Share on other sites More sharing options...
T8493 Posted August 21, 2016 Share Posted August 21, 2016 (edited) 1 hour ago, tulo said: But I don't think they are anywhere close to it. They were working on new products... MtGox and Bitfinex were both working on new products Is Chikun already on Gox? Edited August 21, 2016 by T8493 Link to comment Share on other sites More sharing options...
tomb Posted August 21, 2016 Share Posted August 21, 2016 1 minute ago, T8493 said: MtGox and Bitfinex were both working on new products Both were hacked/robbed. Link to comment Share on other sites More sharing options...
T8493 Posted August 21, 2016 Share Posted August 21, 2016 (edited) 7 minutes ago, tomb said: Both were hacked/robbed. True, but companies can develop new products even when they're insolvent or very close to. If creditors or shareholders are ok with that.... Edited August 21, 2016 by T8493 Link to comment Share on other sites More sharing options...
Phintech Posted August 21, 2016 Share Posted August 21, 2016 Keep your xrp in a ripple wallet on GH and your fine. Link to comment Share on other sites More sharing options...
kanaas Posted August 21, 2016 Share Posted August 21, 2016 Always watch out - but some never do [emoji79] http://www.csoonline.com/article/3108500/security/10-year-old-teaches-hackers-a-valuable-lesson-in-privacy.html?token=%23tk.CSONLE_nlt_cso_after_dark_2016-08-17&idg_eid=a5b5cae6c0f3fff80b14524e0f9fd8eb&utm_term=cso_after_dark&utm_content=buffer3a3d1&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer#tk.CSO_nlt_cso_after_dark_2016-08-17 tomb 1 Link to comment Share on other sites More sharing options...
tommytrain Posted August 22, 2016 Share Posted August 22, 2016 I heard in regards to a different matter, that Small companies are sometimes allowed to postpone annual accounts reporting, like when they expect to take a loss, which is likely when you are growing.Sent from my iPhone using Tapatalk D-fault123 1 Link to comment Share on other sites More sharing options...
T8493 Posted August 22, 2016 Share Posted August 22, 2016 5 minutes ago, tommytrain said: I heard in regards to a different matter, that Small companies are sometimes allowed to postpone annual accounts reporting, like when they expect to take a loss, which is likely when you are growing. Not in the UK: Quote Companies House may extend your accounts deadline if both: an event you couldn’t control stops you from sending your accounts you apply for more time before the filing deadline Email or write to Companies House, explaining what’s happened and how much more time you’ll need to file your accounts. "Not having enough money" is certainly not a reason for extending the deadline: Quote You must prove the circumstances were both out of your control and made it impossible for you to meet the deadline, eg a fire destroyed your records a few days before your accounts were due. You can’t appeal by claiming: your company is dormant you can’t afford to pay it was your accountant’s (or anybody else’s) fault you didn’t know when or how to file your accounts your accounts were delayed or lost in the post the directors live or were travelling overseas Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now